Tag Archives: Withdrawal liability

Where a judge ruled in favor of two private equity funds in a suit over withdrawal liability under ERISA, the judgment must be vacated based on the ‘trades or businesses’ language of 29 U.S.C. §1301(b)(1).

Where a plaintiff pension fund manager alleges that three defendant companies should be held liable under ERISA for unpaid withdrawal liability, I find that the plaintiff has proved his case and therefore is entitled to an award of principal liability plus interest, liquidated damages, counsel fees and costs in the total amount of $373,906.60.